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​Chennai-based Indian Overseas Bank reported a 24% increase in net profit for the quarter ended March 2024 on higher interest income. Net profit for the quarter was Rs 808 crore as against Rs 650 crore for the quarter ended 31st March 2023.

Shanthi Gears Ltd has recorded a profit after tax of Rs 25.68 crore, for the quarter ending March 31, 2024, the Tamil Nadu-based company said on Thursday.

Warner Bros Discovery missed Wall Street estimates for first-quarter revenue on Thursday, weighed down by a weak advertising market and strike-related delays at its studio segment.

The Dow Jones Industrial Average rose 7.9 points, or 0.02%, at the open to 39064.27.

Weak demand ahead of the general elections, along with price cuts taken by the company amid intense competition weighed on the March quarter earnings of Asian Paints, dragging its sales and profit below estimate.

Indian drugmaker Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines.

BPCL Q4 Results: The net profit was Rs 6,478 crore in the last-year period. Apart from the bonus issuance, the board has also recommended a final dividend of Rs 21 per equity share (pre-bonus), which translates into a final dividend of Rs 10.5 per share post the bonus issue.

In 2024, so far the shares have tanked over 53%, and the counter hit its 52-week low of Rs 130.50 on Wednesday taking the declines to 56% from its 52-week high of Rs 299.70, which it hit in December last year.

Public sector lender Punjab National Bank (PNB) on Thursday reported a 160% year-on-year (YoY) surge in Q4 net profit at Rs 3,010 crore, while the net interest income (NII) rose to Rs 10,363 crore in the quarter, rising 9% YoY.